Chatfeild-Roberts helps Threadneedle sales hit record in Q3

clock

Threadneedle topped the UK net retail sales chart in Q3 2012 as investors - including John Chatfeild-Roberts' Jupiter Merlin multi-manager team - moved back into Europe, according to the latest Pridham Report.

The third quarter has seen RDR becoming "an increasing distraction" for advisers and fund managers, the report said, amid mixed fortunes for equity markets. Improving sentiment on Europe, however, is leading to renewed interest in Threadneedle's European equity funds. The Jupiter Merlin team's decision to buy into David Dudding's European Select fund in July gave Threadneedle "a significant boost" and its highest ever quarterly net sales of £643.5m, according to Pridham. Elsewhere, M&G's decision to limit inflows into Richard Woolnough's Corporate Bond and Strategic Corporate Bond fun...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot